Hiring for the right cultural fit can be more important than focusing on technical skills alone and can help companies improve employee retention, engagement and loyalty.
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Think of talent management and we immediately think of managing bright, high potential employees. But although ‘star talent’ individuals are important in any business, just managing stars is not enough. A high performing team means managers must understand the performance and contribution from all the team and manage the talent pool.
When it comes to solving pressing business problems, the conventional wisdom is that two heads are better than one. With the advent of collective-intelligence tools, enterprises are realizing that thousands of heads are even better still.
Nathan Wenneker joined Elance, an online freelance marketplace, in August 2008 because he wanted to become a self-employed IT contractor. The web application developer had no interest in a traditional full-time IT job; he wanted control over when he worked, how much he worked and the kind of work he did.